Kingfisher Talks to Lowy on Funds After Plane Order Scrapped
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Kingfisher Airlines Ltd., the Indian carrier facing cash shortages, said it’s in talks with potential investors including SC Lowy Financial Services after having a plane order canceled because of a lack of payments.
Prakash Mirpuri, a Kingfisher spokesman, gave no further details in a text message to Bloomberg News today. A spokesman for Hong Kong-based investment bank Lowy declined to comment.